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Allahabad Bank Madlauda Panipat Haryana MICR CODE

Find MICR Codes for Allahabad Bank Madlauda Panipat Haryana

Bank
State
District
City
Branch
Address

MICR Code	132010003
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Madlauda
Contact	Shri Pc Sarkar, 09991639104, Shri Devender Kumar, 09729333892
Bank Details	Allahabad Bank Madlauda ALLA0212846

Location	Madlauda, Panipat
City	Madlauda
District	Panipat
State	Haryana
Pincode	132113
Country	IN
Address	Main kavi road, village & po madlauda ,distt panipat,haryana, pin-132113

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 132010003 for Madlauda branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 132010003 of Allahabad Bank, Madlauda branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Madlauda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Allahabad Bank are available with micr code -

>>Madlauda

MICR code for Allahabad Bank Madlauda

Allahabad Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Allahabad Bank MICR code for Madlauda is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 132010003 is the MICR code of Allahabad Bank for Madlauda branch. MICR code for Madlauda branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Allahabad Bank Madlauda is presented in the table alongside.

Use of Allahabad Bank MICR code for Madlauda branch in madlauda

The MICR code 132010003 is used in RBI cheque clearing process to identify the branch Madlauda and Allahabad Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Allahabad Bank is typically in either of these two font’s: E-138 and CMC-7.